Coaches Put Up a Great Week - Performance Coaches' Trading Combine

Posted by TopstepTrader on October 06, 2017

The Performance Coaches had a good week in their Trading Combine® - making back a good chunk of their recent losses and rebounding strongly from their largest drawdown of the challenge. Today, the Performance Coaches lost $130 - putting their total P&L for the week at just over $400.

Considering just two of the five trading days were winners, that's tremendous. 

But, this is trading ... an ebb and flow where you want your equity curve to go up and to the right. The idea behind the Performance Coaches' Trading Combine® was to demonstrate a risk-centric approach to markets that is the only way to be successful in the long run. One full month into their Trading Combine, the Coaches have solidly done that.  

Here is the weekly video recap, talking about lessons from the week. Coach Danny is joined by a special guest - the man behind the challenge. Check it out.

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Best Day Yet: Performance Coaches' Trading Combine

Posted by TopstepTrader on October 05, 2017

The Performance Coaches made an impressive $711.46 in their Trading Combine® today. As luck would have it, they picked the exact top tick in a Crude Oil ($CLX7) short, riding that for $460 - more than double their average profitable trade. That, combined with an earlier Crude Oil long and a small U.S. Treasury Bond trade, built up to their best single day of trading yet. 

There was a lot to unpack today, so let's get to it. 

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Time to Get Even More Choosy: Performance Coaches' Trading Combine

Posted by TopstepTrader on October 04, 2017

The Performance Coaches took a $143.68 hit in their Trading Combine® today - pushing their balance to the lowest that it's been in the month they've been trading. Today's hit came with a $143.68 loss in Crude Oil - a long bought on a test of $50 that was stopped out when Crude broke below. 

Tomorrow, Coach Danny is trading solo - so we'll probably see some more activity in the U.S. Treasury Bond. 

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Sometimes It's One Step Forward, One Step Back: Performance Coaches' Trading Combine

Posted by TopstepTrader on October 03, 2017

The Performance Coaches gave up yesterday's gains in a series of two trades - one in Crude Oil and one in the Emini S&P 500. The Coaches didn't have a high sense of conviction on either trade, so kept their stops tight in order to get a 2:1 reward-to-risk ratio out of it. 

Here's how they let $162.36 get out of their account.

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Gains in Crude Inspire a Bounce-Back: Performance Coaches' Trading Combine

Posted by TopstepTrader on October 02, 2017

The Performance Coaches entered the new month with a renewed trading outlook - and added $132.64 to their trading account. They've now been profitable on 40% of their trading days, but just 30% of their trades. 

Those stats (all from the tough September market environment) are why the Performance Coaches are still underwater in their Trading Combine - with a balance of $48,946.34, $4,000 away from their profit target. 

Here's the recap of what they saw that led to gains of $132.64 on the day.

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Week 4 Video Review: Lots of Trading Ahead of Us - Performance Coaches' Trading Combine

Posted by TopstepTrader on September 29, 2017

The Performance Coaches completed their first month in a Trading Combine® - and as with everyone's trading, there were some highs and lows. This week, the coaches lost a total of $131.66, with a strong start to the week before giving back gains on a three-day slide that started Wednesday. In their first month trading in the Combine, the coaches have lost $1,186.30. 

Here's Danny and Hoag's video recap of the ups and downs and why they're confident they will earn back their losses by staying disciplined. 

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Two-Day Slide - This is Trading: Performance Coaches' Trading Combine

Posted by TopstepTrader on September 28, 2017

Our Performance Coaches took a $159.93 hit to their Trading Combine today. They suffered the loss from a long U.S. Treasury Bond ($ZBZ7) trade - stopped out when it moved 5 ticks against them. 

As we've often seen, the trade direction wasn't incorrect. Bonds finished the day at 152'24, higher than the Coaches' entry at 152'19. However, their choice of level proved wrong. They got filled on a high tick before prices eventually collapsed to 152'06, stopping them out of the trade. The following rally was the one that took prices substantially higher. 

Here's the recap of what they saw.

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

3-Day Streak Over with $130 Daily Loss: Performance Coaches' Trading Combine

Posted by TopstepTrader on September 27, 2017

Our Performance Coaches ended their 3-day winning streak today with a $127.22 loss. The trading day consisted of four trades - one Emini S&P 500 long, two U.S. Treasury Bond trades and a Crude Oil trade. 

The three trades that were stopped out initially looked to be great trades - with one Treasury Bond trade coming within two ticks of meeting the Coaches' profit target before giving away those gains and hitting their stop. That was a $300+ swing in their balance. 

But here's how they didn't let it deter them. 

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Capitalizing on a 3-Day Winning Streak: Performance Coaches' Trading Combine

Posted by TopstepTrader on September 26, 2017

Our Performance Coaches are in the midst of a streak - three consecutive win days for gains of $812.85. (Danny's superstitious so he's not changing his shirt as long as the win streak keeps going.)

Today, they added $70.21 to their account. That may not sound like much, but they did their job; their account has more money in it today than it did yesterday. 

Here's what they saw that made today possible.

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

How to Make 6:1 Reward/Risk Pay Off for $550: Performance Coaches' Trading Combine

Posted by TopstepTrader on September 25, 2017

Our Performance Coaches have been battling against a tough market for three weeks. After seeing a drawdown of $1,250, the Coaches have come back with two solid days of trading to recoup roughly $750 of those losses. 

Today, the big winner was a Crude Oil ($CLX7) trade that netted them $550 vs. a stop that was $90 away. Here's how they identified that monster trade. 

Read More

Topics: Performance Coaching, Trading Combine, Trading Basics

Follow Us:

Subscribe to Email Updates